Coordinated Financial Services Inc. Makes New $598,000 Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Coordinated Financial Services Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, Holdings Channel.com reports. The fund purchased 13,235 shares of the company’s stock, valued at approximately $598,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IUSB. Thompson Investment Management Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 11.4% in the 4th quarter. Thompson Investment Management Inc. now owns 2,200 shares of the company’s stock worth $99,000 after purchasing an additional 225 shares in the last quarter. Kovack Advisors Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 4.3% in the 3rd quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock worth $262,000 after purchasing an additional 227 shares in the last quarter. McAdam LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 2.3% in the 4th quarter. McAdam LLC now owns 10,354 shares of the company’s stock worth $468,000 after purchasing an additional 230 shares in the last quarter. Snider Financial Group raised its holdings in shares of iShares Core Total USD Bond Market ETF by 3.3% in the 3rd quarter. Snider Financial Group now owns 7,521 shares of the company’s stock worth $354,000 after purchasing an additional 238 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 14.1% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 2,179 shares of the company’s stock worth $99,000 after buying an additional 270 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.83 on Friday. The firm has a fifty day simple moving average of $45.43 and a 200-day simple moving average of $45.97. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The stock has a market capitalization of $32.60 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1553 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 3rd.

iShares Core Total USD Bond Market ETF Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.